It’s doubtful, as CNN’s Jake Tapper explains, that average household income would increase $4,000 a year if the corporate income tax is cut from 35 percent to 20 percent.
Would American households really see an average income increase of $4,000 a year if President Donald Trump succeeds in cutting the corporate income tax? Don’t count on it. This claim is dubious at best.
The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed.
We give a rundown of repeated claims in our “Groundhog Friday” feature. This week’s edition includes claims on jobs, Iran, the trade deficit and income inequality.
This week’s rundown of repeated claims includes former President Bill Clinton, Sen. Jeff Sessions and President Barack Obama, in addition to the presidential candidates and one of the running mates.